DICK'S Sporting Goods (DKS) Set to Announce Quarterly Earnings on Tuesday

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) will release its earnings data before the market opens on Tuesday, November 26th. Analysts expect DICK'S Sporting Goods to post earnings of $2.68 per share for the quarter. DICK'S Sporting Goods has set its FY 2024 guidance at 13.550-13.900 EPS and its FY25 guidance at $13.55-$13.90 EPS.Individual that are interested in registering for the company's earnings conference call can do so using this link.

DICK'S Sporting Goods (NYSE:DKS - Get Free Report) last posted its quarterly earnings results on Wednesday, September 4th. The sporting goods retailer reported $4.37 earnings per share for the quarter, topping analysts' consensus estimates of $3.77 by $0.60. DICK'S Sporting Goods had a net margin of 8.46% and a return on equity of 45.14%. The firm had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the previous year, the company earned $2.82 earnings per share. The business's revenue was up 7.6% compared to the same quarter last year. On average, analysts expect DICK'S Sporting Goods to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

DICK'S Sporting Goods Price Performance

Shares of DICK'S Sporting Goods stock traded down $0.96 during trading on Tuesday, hitting $199.52. 1,032,335 shares of the company's stock traded hands, compared to its average volume of 1,063,856. DICK'S Sporting Goods has a twelve month low of $117.71 and a twelve month high of $239.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.77 and a quick ratio of 0.69. The company has a market cap of $16.24 billion, a PE ratio of 14.64, a PEG ratio of 2.25 and a beta of 1.64. The firm's fifty day moving average price is $206.35 and its 200 day moving average price is $210.41.

DICK'S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 20th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.21%. The ex-dividend date was Friday, September 20th. DICK'S Sporting Goods's dividend payout ratio is 32.28%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on DKS shares. TD Cowen upped their target price on shares of DICK'S Sporting Goods from $266.00 to $270.00 and gave the stock a "buy" rating in a report on Tuesday, September 3rd. Loop Capital upped their price objective on shares of DICK'S Sporting Goods from $200.00 to $220.00 and gave the stock a "hold" rating in a research note on Thursday, September 5th. UBS Group lifted their target price on shares of DICK'S Sporting Goods from $220.00 to $225.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Wells Fargo & Company decreased their price target on DICK'S Sporting Goods from $230.00 to $227.00 and set an "equal weight" rating on the stock in a research report on Monday, August 12th. Finally, Telsey Advisory Group raised their price target on DICK'S Sporting Goods from $255.00 to $260.00 and gave the company an "outperform" rating in a report on Friday, August 30th. Nine investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $244.62.

About DICK'S Sporting Goods

DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as an omni-channel sporting goods retailer primarily in the United States. The company provides hardlines, includes sporting goods equipment, fitness equipment, golf equipment, and fishing gear products; apparel; and footwear and accessories.